Correlation
The correlation between AIYY and NVDY is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
AIYY vs. NVDY
Compare and contrast key facts about YieldMax AI Option Income Strategy ETF (AIYY) and YieldMax NVDA Option Income Strategy ETF (NVDY).
AIYY and NVDY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AIYY is an actively managed fund by YieldMax. It was launched on Nov 27, 2023. NVDY is an actively managed fund by YieldMax. It was launched on May 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIYY or NVDY.
Performance
AIYY vs. NVDY - Performance Comparison
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Key characteristics
AIYY:
-0.46
NVDY:
0.35
AIYY:
-0.02
NVDY:
0.70
AIYY:
1.00
NVDY:
1.10
AIYY:
-0.24
NVDY:
0.42
AIYY:
-0.48
NVDY:
1.04
AIYY:
26.87%
NVDY:
13.69%
AIYY:
51.55%
NVDY:
48.44%
AIYY:
-53.61%
NVDY:
-34.09%
AIYY:
-39.72%
NVDY:
-11.96%
Returns By Period
In the year-to-date period, AIYY achieves a -24.30% return, which is significantly lower than NVDY's -4.99% return.
AIYY
-24.30%
9.93%
-28.69%
-22.74%
N/A
N/A
N/A
NVDY
-4.99%
19.19%
-7.98%
16.77%
N/A
N/A
N/A
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AIYY vs. NVDY - Expense Ratio Comparison
Both AIYY and NVDY have an expense ratio of 0.99%.
Risk-Adjusted Performance
AIYY vs. NVDY — Risk-Adjusted Performance Rank
AIYY
NVDY
AIYY vs. NVDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax AI Option Income Strategy ETF (AIYY) and YieldMax NVDA Option Income Strategy ETF (NVDY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
AIYY vs. NVDY - Dividend Comparison
AIYY's dividend yield for the trailing twelve months is around 124.37%, more than NVDY's 112.46% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
AIYY YieldMax AI Option Income Strategy ETF | 124.37% | 98.27% | 0.00% |
NVDY YieldMax NVDA Option Income Strategy ETF | 112.46% | 83.65% | 22.32% |
Drawdowns
AIYY vs. NVDY - Drawdown Comparison
The maximum AIYY drawdown since its inception was -53.61%, which is greater than NVDY's maximum drawdown of -34.09%. Use the drawdown chart below to compare losses from any high point for AIYY and NVDY.
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Volatility
AIYY vs. NVDY - Volatility Comparison
YieldMax AI Option Income Strategy ETF (AIYY) has a higher volatility of 15.18% compared to YieldMax NVDA Option Income Strategy ETF (NVDY) at 8.15%. This indicates that AIYY's price experiences larger fluctuations and is considered to be riskier than NVDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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